III. Enrolling a Loan A. Overview · Program Loan Enrollment Application, which is the primary form...

CalCAP Electric Vehicle Charging Station Financing Program Lender Manual III-1

III. Enrolling a Loan

A. Overview

Lenders must submit to CalCAP the following forms and documentation with each loan enrollment request: CalCAP

Provide to

Borrower

Required

1. EVCS Financing Program Loan Enrollment Application (1 page)

http://www.treasurer.ca.gov/cpcfa/calcap/evcs/enrollment.pdf

2. CalCAP/EVCS Lender Certification (1 page)

http://www.treasurer.ca.gov/cpcfa/calcap/evcs/lender_cert.pdf

3. CalCAP/EVCS Borrower Eligibility Criteria and Self-Certification Form (3 pages)

http://www.treasurer.ca.gov/cpcfa/calcap/evcs/certification.pdf

4. NAICS Print-Out (most current year)

http://www.census.gov/eos/www/naics/

5. Borrower Privacy Notice

http://www.treasurer.ca.gov/cpcfa/calcap/evcs/privacy.pdf

If Applicable

6. CalCAP EVCS Financing Program Supplemental Form for Multiple EVCS Projects (1 page)

http://www.treasurer.ca.gov/cpcfa/calcap/evcs/supplemental.pdf

7. Multi-Unit Dwelling (MUD) Information

8. “Qualified Disadvantaged Communities” Print-Out demonstrating EVCS will be located in a Disadvantaged Community (DAC), if applicable:

http://www.treasurer.ca.gov/cpcfa/calcap/evcs/disadvantaged.pdf

Completed CalCAP EVCS Financing Program Loan Enrollment Applications must be received at CalCAP within 15 business days of the “Date of First Disbursement” (Date of Loan) by email, fax, or regular mail:

[email protected]

(916) 589-2805

CPCFA/CalCAP EVCS Financing Program

P.O. Box 942809 Sacramento, CA 94209-0001



http://www.treasurer.ca.gov/cpcfa/calcap/evcs/privacy.pdf


http://www.treasurer.ca.gov/cpcfa/calcap/evcs/disadvantaged.pdf

mailto:[email protected]


B. CalCAP EVCS Financing Program Loan Enrollment

Before submitting a CalCAP EVCS Financing Program Loan Enrollment Application packet, lenders should ensure the following pertinent documentation is fully completed:

Required

EVCS Financing Program Loan Enrollment Application

Lender Certification

Borrower Certification

NAICS Print-Out

If Applicable

Multi-Unit Dwelling information

“Qualified Disadvantaged Communities” Print-Out

CalCAP EVCS Financing Program Supplemental Form for Multiple EVCS Projects

Pursuant to the California Information Practices Act of 1977 (Civil Code Section 1798.17), lenders are to provide the borrower with a copy of the Borrower Privacy Notice disclosing borrower data collected by lenders on behalf of CalCAP. Additionally, any alteration of certifications need to be approved by CalCAP prior to use.

Copies of these documents need to be submitted with the loan enrollment package, and the original set should be maintained with the borrower’s loan file and made available to CalCAP for review upon request. All individuals who are party to the loan and/or have signed the loan documents on behalf of the business, including borrowers, co-borrowers, and guarantors, must also sign and complete a Borrower Certification for Small Business Loan Enrollments form, which must be submitted with the loan enrollment package. Lenders must maintain documentation in their loan files demonstrating that the small business borrower is licensed to operate in California. Satisfaction of this requirement is at the sole discretion of CPCFA staff, and the documents should be made available to CPCFA for review upon request. The following are examples of recommended documents, any one of which may demonstrate eligibility: Secretary of State Business Entity Filing Fictitious Business Name Filing Articles of Incorporation Seller’s Permit Business Tax Returns Personal Tax Returns demonstrating self-employment income


Sales Tax Licenses Business Tax Certificates Annual Business Income Tax Statements

Instructions for Completing the CalCAP/EVCS Loan Enrollment Application

This section provides instructions for lenders on how to complete the EVCS Financing Program Loan Enrollment Application, which is the primary form needed for lenders to enroll a loan with the CalCAP EVCS Financing Program. A copy of the application can be found in Chapter VIII of this manual. However, lenders should always check CalCAP’s website for the most current version of the application:


Form 1: EVCS Financing Program Loan Enrollment Application

Lender Information Section

Field: Information Needed:

Participating Lender Name of the financial institution making and holding the loan.



Lender ID# The financial institutions’ assigned CalCAP Lender ID. This number was issued and provided on the signed copy of the lender’s “Financial Institution Enrollment” agreement and “Welcome Letter” that accompanied it. (This number never changes.)

Lender Contact Name Name of lender representative CalCAP can contact with questions about this enrollment.

Phone Direct phone number with area code for Lender Contact named above.

Lender Contact Email Email of Lender Contact named above.

Borrower Information Section


Borrower Name Name of the primary borrower representing the business.

DBA Name of business (sole proprietor, partnership, corporation, etc.)


Name of Responsible Person Name of Responsible Person who is certifying to the terms of the loan.

Title Title of Responsible Person who is certifying to the terms of the loan.

Address, City, County, Zip Physical address of the business.

Type of Business/Activities List the function of the business. “What does the business do?” (e.g. retail sales, carpet cleaning, burger restaurant, etc.)

Average Annual Revenue Last 3 Years

List the borrower’s combined average annual business revenue for the last three years—rounded to the nearest whole dollar amount.

If the business is a start-up, use the current income or $0.

If the business was established within the last three years,

determine the average annual revenue for each year in which it

did generate revenue.

Number of Employees

Number of all full-time or part-time employees of the business. This cannot exceed 1,000.

Refer to the FAQs in Chapter VII for instructions on how to

report the number of employees.

Jobs created Number of jobs created for the business as a result of the loan.

If jobs are not created as a result of the loan, use “0”.

Jobs retained Number of jobs retained for the business as a result of the loan.

If jobs are not retained as a result of the loan, use “0”.

Will loan monies be used at above address? Yes No

If no, location where loan will be used: Address, City, County, Zip

Indicate whether the proceeds of the loan are being used to support the business at a different business location than listed in the “Business Address” field above.

If answered “yes”, leave address, city, county, zip fields blank.

If answered “no” and borrower will be installing EVCS at a single location, list the address of where the loan proceeds will be used.

If answered “no” and borrower will be installing EVCS at multiple locations, utilize the CalCAP EVCS Financing Program Supplemental Form for Multiple EVCS Projects to list the addresses of where the loan proceeds will be used (http://www.treasurer.ca.gov/cpcfa/calcap/evcs/supplemental.pdf )

Please refer to Section III for instructions on how to complete the

Supplemental Form for Multiple EVCS Projects.



NAICS Code Six digit number used by the North American Industry Classification System (NAICS) to categorize business types. Please provide the most current print-out of the applicable NAICS code for the borrower’s business.


Census Tract #

11-digit number used to identify the specific location of a business to provide more reporting consistency and uniformity.

https://geomap.ffiec.gov/FFIECGeocMap/GeocodeMap1.aspx

Step 1: Enter business activity type

(e.g. Farm Equipment)

Step 2: Select 6-digit code that best describes

the business activity




Input the borrower’s

business address,

and click “search”

Use: 1. State Code: 06 2. County Code: 067 3. Tract Code: 0011.01

This Census Tract # is:

060670011.01


Description of Eligible Project Costs (Purpose of Loan)

Brief description of the use of loan proceeds (e.g. “EVCS supply equipment,” “EVCS installation costs”, “EVCS signage”, “grid improvements”)

Is EVCS installation in a Multi-Unit Dwelling? Yes No

Indicate whether the business is in a Multi-Unit Dwelling (MUD) as described in CalCAP Regulations 8078.3:

“Multi-Unit Dwelling” or “MUD” means a classification of housing where multiple housing units are contained within one building or multiple buildings within a complex or community. Common types of MUDs include duplexes, townhomes, and apartments, mobile homes and manufactured-home parks.

The following must be provided if one or more EVCS will be installed in a MUD: The type of Multi-Unit Dwelling in which the EVCS will be

installed The name of the property (if applicable) The total number of units in the Multi-Unit Dwelling

(**Additional documentation may be required to reasonably substantiate the claim for additional premiums**)

Is EVCS installation in a Disadvantaged Community? Yes No

Indicate whether the business is in a Disadvantaged Community (DAC) as described in CalCAP Regulations 8078.3:

“Disadvantaged Communities” means the top twenty five (25) percent of communities that are disproportionately affected by environmental pollution and socioeconomic characteristics as described by CalEnviroScreen 2.0 Tool.

Follow the instructions below to determine whether the EVCS

will be installed in a DAC. If “yes”, provide a print-out of the applicable page of the “Qualified Disadvantaged Communities” list that is posted on the CalCAP EVCS Financing Program website with the EVCS Financing Program Loan Enrollment Application and the applicable data highlighted.


Disadvantaged Communities

To determine whether an Electric Vehicle Charging Station will be installed within a Disadvantaged Community (DAC), follow these steps:

1. Using the Census Tract Number relative to the location of the Electric Vehicle Charging Station installation site (see the Census Tract Number instructions above), check the “Qualified Disadvantaged Communities” List by navigating to http://www.treasurer.ca.gov/cpcfa/calcap/evcs/ disadvantaged.pdf and locating the corresponding Census Tract Number, if listed (Note: The entries are arranged in numerical order, and the first digit of the Census Tract Numbers are omitted).

2. If the Census Tract Number relative to the EVCS installation site is present on the “Qualified

Disadvantaged Communities” List, the loan will qualify for the additional DAC premium contribution. If the Census Tract Number relative to the EVCS installation site is not present on the “Qualified Disadvantaged Communities” List, the loan will not qualify for the additional DAC premium contribution.

3. Ensure that the appropriate County, Zip Code, and City on the “Qualified Disadvantaged Communities” List correspond with the EVCS installation address provided on the EVCS Financing Program Loan Enrollment Application. Provide a print-out of the applicable page of the “Qualified Disadvantaged Communities” List which lists the corresponding EVCS installation site Census Tract Number. Highlight the applicable row, and submit the print-out to CalCAP with the applicable Loan Enrollment Application.

http://www.treasurer.ca.gov/cpcfa/calcap/evcs/%20disadvantaged.pdf

http://www.treasurer.ca.gov/cpcfa/calcap/evcs/%20disadvantaged.pdf


Is business minority owned? Yes No Decline to Answer

The business is minority owned if at least 51% of the business is owned by one or more minority individuals.

Is business woman owned? Yes No Decline to Answer

The business is woman owned if at least 51% of the business is owned by one or more women.

Is business veteran owned? Yes No Decline to Answer

The business is veteran owned if at least 51% of the business is owned by one or more veterans.

Loan Information Section

Field: Information:

Lender Loan Number List the unique loan number associated with the borrower’s loan.

If the enrollment is a pre-qualification request, leave field

blank.

Total Loan Amount The total amount loaned to the borrower associated with the unique loan number (regardless of amount enrolled in CalCAP).

Loan Amount Enrolled in CalCAP $ The portion of the loan the lender requests to enroll with CalCAP. This amount should be equal to or less than the amount in the “Total Loan Amount” field.

Date of First Disbursement (Date of Loan)

Date of initial disbursement of funds.

This date triggers the clock for the 15-day deadline to submit

an enrollment application to CalCAP.

If the enrollment is a pre-qualification request, leave this field

blank.

Maturity Date The date (MM/DD/YYYY) the enrolled loan matures.

CalCAP will cover or support the enrollment for a maximum

of 48 months, regardless of maturity date.

If the enrollment is a pre-qualification request, leave this field

blank.

Interest Rate

Fixed Variable

Annual Percentage Rate (APR) for the enrolled loan.

Indicate whether interest rate remains the same (fixed) or changes (variable) over the life of the loan.

If answered “variable”, provide the starting rate and the index

the variable rate is tied to.


Is the loan secured? Yes No

If collateral is used to secure the loan, answer “yes”—otherwise, answer “no”.

Form 2: CalCAP/EVCS Lender Certification

Lender Certification Section


Borrower Name Name of borrower.

Field will auto-fill if form is completed electronically.

Lender Loan Number List the unique loan number associated with the borrower’s loan.

If the enrollment is a pre-qualification request, leave field blank.

Field will auto-fill if form is completed electronically.


Signature and Certification Section (continued)


Authorized Lender Signature To be signed by the lender-designated authorized signer.

Title Title of the lender-designated authorized signer.

Date Date the enrollment was signed.

Authorized Lender Printed Name Full printed name of the lender-designated authorized signer.

Form 3: CalCAP/EVCS Borrower Eligibility Certification

Section I – Borrower Eligibility Criteria and Self-Certification



Yellow Blank Spaces Borrower to initial the statement(s) if applicable. Each statement must be initialed for the loan to be eligible for CalCAP enrollment.

Green Blank Spaces These statements should only be initialed by the borrower if the EVCS will be installed in a Multi-Unit Dwelling, a Disadvantaged Community, or both as defined in the EVCS Financing Program Regulations.

Section II – Borrower Eligibility Criteria and Self-Certification


Yellow Blank Spaces Borrower to initial the statement(s) if applicable. Each statement must be initialed for the loan to be eligible for CalCAP enrollment.


Section III – Borrower Eligibility Criteria and Self-Certification


Yellow Blank Spaces

Borrower to initial the statement(s) if applicable. Each statement must be initialed for the loan to be eligible for CalCAP enrollment.


Last Page of the Borrower Certification

If one or more EVCS will be installed at a single location, please complete all fields on page 5 of the EVCS Financing Program Loan Enrollment Application.

If EVCS will be installed at multiple locations, complete the fields on page 5 of the EVCS Financing Program Loan Enrollment Application according to the instructions below, and complete the CalCAP EVCS Financing Program Supplemental Form for Multiple EVCS Projects for each EVCS project location. The supplemental form is available on the CalCAP EVCS Financing Program website: http://www.treasurer.ca.gov/cpcfa/calcap/evcs/supplemental.pdf




Manufacturer

Model(s)

Total Units to be Purchased

Number of Networked Communication Units

Total number of charging

ports

Total EVCS Cost

Estimated installation cost

Name of the EVCS manufacturer(s) at that project location.

If EVCS will be installed at multiple locations, leave blank. Provide

on the Supplemental Form for Multiple EVCS Projects. Name of the EVCS model(s) at that project location.

If EVCS will be installed at multiple locations, leave blank. Provide

on the Supplemental Form for Multiple EVCS Projects. Number of individual EVCS to be purchased.

If EVCS will be installed at multiple locations, indicate the

cumulative number of units purchased. Number of charging stations that communicate with a network.


cumulative Number of Networked Communication Units.

Number of charging ports available for use by electric vehicles at that EVCS project location.


cumulative number of charging ports. Total costs related to the acquisition of the hardware and software

necessary and allocable for the charging station unit(s).


cumulative cost of the hardware and software.

All other costs related to the design, development, operation, servicing, installation, maintenance, and other hardware costs necessary and allocable for fully operational charging station(s).


cumulative Estimated Installation Cost.

Do not include any operation, servicing, or maintenance costs in the

loan if the borrower’s primary business is EVCS installation, operation, or manufacturing.



Business Name

Print Borrower’s Name

Borrower’s Signature

Date

Business Address

Phone Number

CPCFA Review: Signature

and Title

Date

List the business’ name as written on the first page of the EVCS Financing Program Loan Enrollment Application.

Print the borrower’s name (must be the name of the individual signing the certification)

Please provide the Borrower’s signature.

Date borrower signed the certification.

List the business address as written on the first page of the EVCS Financing Program Loan Enrollment Application.

List the business phone number.

Do not write on this line (CalCAP use only).

Do not write on this line (CalCAP use only).


Instructions for Completing the CalCAP/EVCS Financing Program Supplemental Form for Multiple EVCS Projects

This section provides instructions for lenders on how to complete the CalCAP EVCS Financing Program Supplemental Form for Multiple EVCS Projects, which is used as a supplement to the Loan Enrollment Application if electric vehicle charging stations will be financed with the proceeds from a single loan and installed at multiple locations. Lenders should complete one EVCS Project Site chart (see below) for each EVCS project location that will be financed using the loan. A copy of the CalCAP EVCS Financing Program Supplemental Form for Multiple EVCS Projects can be found in Chapter VIII of this manual. However, lenders should always check CalCAP’s website for the most current version of the application:


Form 4: CalCAP/EVCS Financing Program Supplemental Form for Multiple EVCS

Projects

EVCS Project Site Section




Lender Loan # List the unique loan number associated with the borrower’s loan.

If the enrollment is a pre-qualification request, leave field blank.

Borrower Name Name of business.

EVCS Project Site # Indicate the number pertaining to that EVCS project installation site (1, 2, 3, 4, 5, 6, 7, 8, 9…).

Name of Project Site Name of the business, government entity, property management company, non-profit, etc. where the EVCS(s) will physically be installed and operational.

Street Address, City, County, Zip Code

Physical address where the EVCS(s) will be installed.

Project Business Type Indicate at which of the following locations the EVCS(s) will be installed:

Small business (1,000 or fewer employees)

Large Business (more than 1,000 employees)

Government Entity

Non-Profit

Type of Business/ Activities

List the function of the business or entity where the EVCS(s) will be installed. “What does the business do?” (e.g. retail sales, carpet cleaning, burger restaurant, etc.)

Project NAICS Code Six digit number used by the North American Industry Classification System (NAICS) to categorize business types. Please provide the most current print-out of the applicable NAICS code for the borrower’s business. This NAICS Code must correspond with the EVCS project installation site.


Project Census Tract # 11-digit number used to identify the specific location of a business to provide more reporting consistency and uniformity. This Census Tract # must correspond with the EVCS project installation site.


Is EVCS Installation in a MUD?

Indicate whether the EVCS(s) will be installed in a Multi-Unit Dwelling (MUD) as described in CalCAP Regulations 8078.3:

“Multi-Unit Dwelling” or “MUD” means a classification of housing where multiple housing units are contained within one building or multiple buildings within a complex or community. Common types of MUDs include duplexes, townhomes, and apartments, mobile homes and manufactured-home parks.

The following must be provided if EVCS(s) will be installed in a MUD: The type of Multi-Unit Dwelling in which the EVCS(s) will be

installed The name of the property (if applicable) The total number of units in the Multi-Unit Dwelling




Is EVCS Installation in a DAC?

Indicate whether the EVCS(s) will be installed in a Disadvantaged Community (DAC) as described in CalCAP Regulations 8078.3:

“Disadvantaged Communities” means the top twenty five (25) percent of communities that are disproportionately affected by environmental pollution and socioeconomic characteristics as described by CalEnviroScreen 2.0 Tool.

Follow the instructions in Section III B.1 to determine whether the EVCS

will be installed in a DAC. If “yes”, provide a print-out of the most recent “Qualified Disadvantaged Communities” list with the EVCS Financing Program Loan Enrollment Application and the applicable data highlighted.

Manufacturer Name of the EVCS manufacturer(s) at project location.

Model(s) Name of the EVCS model(s) at project location.

Total Units to be Purchased

Number of individual EVCS to be purchased and installed at that project location using the proceeds from this loan.

Number of Networked Communication Units

Number of charging stations that communicate with a network.

Total Number of Charging Ports

Number of charging ports available for use by electric vehicles at project location.

Total EVCS Cost Total costs related to the acquisition of the hardware and software necessary and allocable for the charging station unit(s).

Estimated Installation Cost

All other costs related to the design, development, operation, servicing, installation, maintenance, and other hardware costs necessary and allocable for fully operational charging station(s). .

Do not include any operation, servicing, or maintenance costs if the

borrower’s primary business is EVCS installation, operation, or manufacturing.

Page ___ of ___ Indicate the corresponding page number and the total quantity of pages of the CalCAP EVCS Financing Program Supplemental Form for Multiple EVCS Projects which will be submitted for this loan.

If only one page will be submitted, write “Page 1 of 1”


Summary CalCAP EVCS Financing Program Loan Enrollment Flow

Required: -EVCS Financing Program Loan Enrollment Application -CalCAP/EVCS Lender Certification -CalCAP/EVCS Borrower Eligibility Form -NAICS Print-out

If applicable: -Multi-Unit Dwelling Information -“Qualified Disadvantaged Communities” Print-Out -CalCAP EVCS Financing Program Supplemental Form for Multiple EVCS Projects

Deposit of CalCAP EVCS

Financing Program Contribution

III. Enrolling a Loan A. Overview · Program Loan Enrollment Application, which is the primary form...

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